SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sees Strong Trading Volume – Here’s What Happened

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) shares saw an uptick in trading volume on Wednesday . 9,787,957 shares were traded during trading, an increase of 145% from the previous session’s volume of 3,990,296 shares.The stock last traded at $25.57 and had previously closed at $25.62.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.2%

The firm’s 50-day moving average is $25.79 and its 200 day moving average is $25.84.

Institutional Trading of SPDR Portfolio Aggregate Bond ETF

Several large investors have recently modified their holdings of the business. Franklin Resources Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at approximately $26,000. Steward Partners Investment Advisory LLC increased its position in SPDR Portfolio Aggregate Bond ETF by 113.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock worth $33,000 after buying an additional 675 shares in the last quarter. JBR Co Financial Management Inc increased its position in SPDR Portfolio Aggregate Bond ETF by 87.2% during the second quarter. JBR Co Financial Management Inc now owns 59,328 shares of the company’s stock worth $1,519,000 after buying an additional 27,638 shares in the last quarter. GeoWealth Management LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 19.0% in the second quarter. GeoWealth Management LLC now owns 72,402 shares of the company’s stock worth $1,853,000 after acquiring an additional 11,565 shares during the last quarter. Finally, Gateway Wealth Partners LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 8.9% in the second quarter. Gateway Wealth Partners LLC now owns 309,269 shares of the company’s stock worth $7,917,000 after acquiring an additional 25,262 shares during the last quarter.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.